About 45% of Americans home renovations have added or are adding smart home technology, according to the Houzz 2016 U.S. Smart Home Trends Study, released yesterday.
Among the 1,000 unique Houzz U.S. users polled, the most popular smart home technology upgrades have to do with devices that ensure home security. Safety is the number one reason that homeowners decided to upgrade to smart home technology, according to the Houzz report. About one-fourth of renovated homes have installed smart home technology whereas 18% of renovating homeowners put smart home technology into their entertainment systems.
Homeowners choosing smart home technologies are also willing to spend more. About one-third of homeowners spend $500 or less on smart security, but 41% spend between $501 and $1,500.
To read the full analysis, click below.